Good morning!
The Crypto Fear & Greed Index has fallen to 70, and the market is in a state of greed.
The Fear & Greed Index has dropped back to 70. Although market sentiment is still “greed,” this change is worth paying attention to: funds have not clearly shifted into panic; instead, the market has been cooling down from an overheated phase earlier on.
The position at 70 by itself is not a bearish signal. Historically, during greed phases, BTC can continue to rise. What truly needs caution is this: “the price keeps pushing higher, but the sentiment indicators are getting hotter and hotter.” In such cases, profit-taking and short-term funds will start to increase.
Taking into account BTC’s recent repeated moves after testing the $87,000 area, the market now looks more like it is rotating turnover at high levels. If BTC can reclaim and hold above $87,000, and trading volume expands in sync, that would indicate greed sentiment still has capital support and there is room for the trend to keep spreading upward. If it keeps failing to push through the $87,000–$88,000 range while the Fear & Greed Index continues to fall, then you need to guard against the market shifting from chasing gains to taking profits.
For the short term, I’m actually more focused on two signals: first, whether BTC can break above $87,000 again with increased volume; second, whether BTC can hold $85,000 while the index is pulling back. Holding $85,000 means sentiment is cooling but the trend is still intact. If it breaks below $85,000, be careful: the greed “tide” retreat can trigger a faster adjustment.
So right now it’s not about shorting just because “greed is at 70.” It’s a stage that is more suitable for controlling position sizing and waiting for confirmation after a breakout. The real danger isn’t greed—it’s failing to set exit conditions after chasing the rally at high levels.
Do you think this round of BTC can still break above $87,000 again?
The Crypto Fear & Greed Index has fallen to 70, and the market is in a state of greed.
The Fear & Greed Index has dropped back to 70. Although market sentiment is still “greed,” this change is worth paying attention to: funds have not clearly shifted into panic; instead, the market has been cooling down from an overheated phase earlier on.
The position at 70 by itself is not a bearish signal. Historically, during greed phases, BTC can continue to rise. What truly needs caution is this: “the price keeps pushing higher, but the sentiment indicators are getting hotter and hotter.” In such cases, profit-taking and short-term funds will start to increase.
Taking into account BTC’s recent repeated moves after testing the $87,000 area, the market now looks more like it is rotating turnover at high levels. If BTC can reclaim and hold above $87,000, and trading volume expands in sync, that would indicate greed sentiment still has capital support and there is room for the trend to keep spreading upward. If it keeps failing to push through the $87,000–$88,000 range while the Fear & Greed Index continues to fall, then you need to guard against the market shifting from chasing gains to taking profits.
For the short term, I’m actually more focused on two signals: first, whether BTC can break above $87,000 again with increased volume; second, whether BTC can hold $85,000 while the index is pulling back. Holding $85,000 means sentiment is cooling but the trend is still intact. If it breaks below $85,000, be careful: the greed “tide” retreat can trigger a faster adjustment.
So right now it’s not about shorting just because “greed is at 70.” It’s a stage that is more suitable for controlling position sizing and waiting for confirmation after a breakout. The real danger isn’t greed—it’s failing to set exit conditions after chasing the rally at high levels.
Do you think this round of BTC can still break above $87,000 again?